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701 Shore Dr, Joppa, MD 21085

3 beds • 2 baths • 1060 sqft

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This property looks like a bad Airbnb investment with a projected -5.81% first-year return on $91,479 initial cash invested.

-5.81%

Cash On Cash

4.59%

Cap Rate

0.8

DSCR

$2,850

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,850 income − $3,293 expenses = $443 out of pocket

Income$2,850Out of Pocket$443Mortgage P&I$1,66758%Property Taxes$1365%Insurance$1224%Management$42815%CapEx$1144%Maintenance$1144%Other$71225%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,850

Total Expenses

$3,293

Mortgage P&I

58%

$1,667

Property Taxes

5%

$136

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$712

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